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RBI cuts repo rate by 25 bps to 6.5%; raises reverse repo. MUMBAI: The reserve bank today cut the key interest rate by 0.25 per cent and introduced a host of measures to smoothen liquidity supply so that banks can lend to the productive sectors and indicated accommodative stance going ahead. Given weak private investment in the face.
For the third time in a row, the RBI cuts the repo rate cut by 25 basis points. It will definitely spur growth for the real estate sector specifically. The decision changes the stance of monetary policy from neutral to accommodative and to cut the policy repo rate brings it below 6 percent is the first time since September 2010.
Read more about RBI cuts repo rate by 25 bps to 5.75%, changes stance to accommodative on Business Standard. According to a Bloomberg Survey, 31 of 43 economists had projected 25 basis point rate cut while three penciled in a 50 basis points cut.
RBI cuts repo rate by 25 basis points to 5.75% from 6% in a unanimous decision. Monetary policy stance changed to ‘accommodative’ from neutral.
RBI cuts Repo Rate by 25 bps to 5.75%; Policy stance shifts to Accommodative Given the weakened domestic investment activity and weighed down demand, the MPC revised the GDP downwards to 7.0 per cent – in the range of 6.4-6.7 per cent for H1 and 7.2-7.5 per cent for H2 FY20.
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RBI cuts repo rate by 25 bps to 6.5%; raises reverse repo. Given weak private investment in the face of low capacity utilisation, a reduction in the policy rate by 0.25 per cent will help strengthen growth, RBI Governor Raghuram Rajan said in the first bi-monthly monetary policy review for the 2016-17 fiscal, which began on April 1.
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RBI cuts repo rate by 25 bps; little room for more cuts this fiscal rbi governor urjit patel expects inflation to climb back to 4 in the coming quarters By Salil Panchal, Forbes India Staff
RBI cuts repo rate by 25 bps, raises hopes of further cuts; changes stance to ‘neutral’ The reduced repo rate has raised hopes of lower EMIs for home loan borrowers as well as cheaper capital.
The Reserve Bank of India on Wednesday left the repo rate and the reverse repo rate unchanged at 6 per cent and 5.75 per cent. In August, the RBI had cut the repo rate by 25 basis points but it.
Australia PM Morrison Delivers ‘Miracle’ Victory in National Election singapore: singapore prime Minister Lee Hsien loong congratulated australian prime minister scott Morrison on Sunday (May 19) after his ruling coalition’s victory in the country’s national elections.